MJTS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MJTS
Largest movements
- Tangible fixed assets +€23,619
up €23,619 (+119%), from €19,829 to €43,448
of which Furniture and vehicles: +€22,362
- Cash +€1,997
up €1,997 (+13,053%), from €15 to €2,012
mainly Depreciation (+€17,673) and Trade debts (+€15,095)
- Trade debts +€15,095
up €15,095 (+51.0%), from €29,590 to €44,685
- Other debts +€10,729
up €10,729 (+155%), from €6,935 to €17,664
- Profit (loss) carried forward -€6,146
down €6,146 (-63.3%), from €9,714 to €3,568
- Debts after one year +€4,500
up €4,500 (+18.0%), from €25,000 to €29,500
- Tax, wage and social debts +€1,788
up €1,788 (+73.6%), from €2,428 to €4,217
- Purchases and services +€66,720
up €66,720 (+304%), from €21,972 to €88,692
- Turnover +€62,901
up €62,901 (+162%), from €38,841 to €101,742
- Depreciation +€12,602
up €12,602 (+249%), from €5,071 to €17,673
- Gross operating margin -€3,227
down €3,227 (-18.6%), from €17,306 to €14,079
- Other operating charges +€2,441
up €2,441 (+3,061%), from €80 to €2,520
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,678 | €102,644 | +€25,966 | +33.9% |
| Fixed assets | 21/28 | €19,829 | €43,448 | +€23,619 | +119% |
| Tangible fixed assets | 22/27 | €19,829 | €43,448 | +€23,619 | +119% |
| Plant, machinery and equipment | 23 | - | €1,257 | +€1,257 | |
| Furniture and vehicles | 24 | €19,829 | €42,191 | +€22,362 | +113% |
| Current assets | 29/58 | €56,849 | €59,196 | +€2,347 | +4.1% |
| Amounts receivable within one year | 40/41 | €56,834 | €57,184 | +€350 | +0.6% |
| Trade receivables | 40 | €55,405 | €56,284 | +€879 | +1.6% |
| Other amounts receivable | 41 | €1,428 | €900 | -€528 | -37.0% |
| Cash at bank and in hand | 54/58 | €15 | €2,012 | +€1,997 | +13,053% |
| Total equity and liabilities | 10/49 | €76,678 | €102,644 | +€25,966 | +33.9% |
| Equity | 10/15 | €12,714 | €6,568 | -€6,146 | -48.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,714 | €3,568 | -€6,146 | -63.3% |
| Amounts payable | 17/49 | €63,964 | €96,076 | +€32,112 | +50.2% |
| Amounts payable after more than one year | 17 | €25,000 | €29,500 | +€4,500 | +18.0% |
| Financial debts | 170/4 | €25,000 | €29,500 | +€4,500 | +18.0% |
| Amounts payable within one year | 42/48 | €38,964 | €66,576 | +€27,612 | +70.9% |
| Trade debts | 44 | €29,590 | €44,685 | +€15,095 | +51.0% |
| Suppliers | 440/4 | €29,590 | €44,685 | +€15,095 | +51.0% |
| Advances received on contracts in progress | 46 | €10 | €10 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,428 | €4,217 | +€1,788 | +73.6% |
| Taxes | 450/3 | €2,428 | €4,217 | +€1,788 | +73.6% |
| Other amounts payable | 47/48 | €6,935 | €17,664 | +€10,729 | +155% |
| Turnover | 70 | €38,841 | €101,742 | +€62,901 | +162% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,972 | €88,692 | +€66,720 | +304% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,071 | €17,673 | +€12,602 | +249% |
| Other operating charges | 640/8 | €80 | €2,520 | +€2,441 | +3,061% |
| Gross operating margin | 9900 | €17,306 | €14,079 | -€3,227 | -18.6% |
| Operating profit (loss) | 9901 | €12,155 | -€6,115 | -€18,270 | |
| Financial charges | 65/66B | €13 | €31 | +€18 | +138% |
| Recurring financial charges | 65 | €13 | €31 | +€18 | +138% |
| Profit (loss) for the period before taxes | 9903 | €12,142 | -€6,146 | -€18,288 | |
| Income taxes | 67/77 | €2,428 | - | -€2,428 | |
| Profit (loss) for the period | 9904 | €9,714 | -€6,146 | -€15,859 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,714 | -€6,146 | -€15,859 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.